PARIS: Cracks appeared on Monday in a deal to create the world's biggest cement company, with Swiss group Holcim seeking a modification of the merger with French giant Lafarge.

The deal "can no longer be pursued in its present form," said Holcim in a statement of the merger based on the offer of one Holcim share for one Lafarge share.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details